WC board approves 2024-25 budget, tax rate
The Weatherford College Board of Trustees unanimously approved the 2024-25 budget and property tax rate during a special meeting on Thursday.
No one spoke during the public hearing on the tax rate that was held before the board took action.
The approved budget totals just over $87 million, with $28 million allocated from property tax revenue. They also maintained the Parker County property tax rate at 10.6087 cents per $100 valuation, the same rate as last year.
The WC board has either lowered or kept the tax rate flat for seven out of the past eight years. In comparison, the 2023 property tax state average among community colleges was 16.0456 cents.